Hello everyone, the female version of Buffett has struck again!
Today we're discussing something particularly interesting, which is during this round of Bitcoin (the big cake) correction, when the entire crypto market looks slightly sluggish, the investment mogul known as the 'female version of Buffett,' Cathie Wood, has made another move!
Friends, many people panic as soon as they see the market drop, throwing away their chips and cutting losses to exit the market.
But how does smart money operate? The answer is: buy the dip!
Just the day before yesterday, Cathie Wood's Ark Invest made significant purchases of stocks from six companies through several funds.
These six companies are all closely related to our cryptocurrency circle, and you can see them as the infrastructure of the crypto world.
She bought Block, which is the company that facilitates small payments and supports Bitcoin transactions; she bought Circle, which is the issuer behind the US dollar stablecoin (USDC); she also bought Coinbase, which needs no introduction, a globally renowned crypto asset exchange.
You see, when the market is in a state of 'panic', retail investors are running away, while the big players, or top institutions like Cathie Wood, are increasing their positions.
What does this indicate?
First, she does not focus on short-term fluctuations; she looks at long-term value. The price drop we see now is, in her eyes, just a great opportunity to build positions and accumulate chips!
Second, she is not buying 'air coins'; she is buying 'shovels' and 'pipes'. Block is a payment channel, Circle is the bridge for fiat currency entering the crypto circle, and Coinbase is the hub for trading.
If she is confident that the future crypto world will grow larger, then the 'shovels' and 'pipes' that provide services for this world will definitely ensure steady returns and continuous profits. This is much more stable than directly betting on those highly volatile altcoins!
This is using Wall Street's valuation system to bet on the future of the entire crypto industry!
So, I tell everyone, don’t just focus on the prices of Bitcoin or Ethereum in your wallet. When you see these top institutions quietly increasing their holdings in crypto concept stocks during a major drop, what does that mean?
This indicates that the fundamentals have not changed! The short-term emotions of the market cannot affect professional investors' long-term optimism about this sector!
They are using real money to tell you: bubbles are temporary, the future is certain! Remember, every drop is a test of your patience and understanding by the market.
That's all for today! Like, follow! Get rich!
Let me know in the comments, do you think Cathie Wood's bottom-fishing this time is preparing for the next bull market? $BTC
